Economic Data Calls for Feb 26, 2019

Here’s what we are looking for in tomorrow’s economic reports (Feb 26, 2019) — Good Luck Trading!

1. US Housing Starts & Building Permits (08:30 ET) Bearish USD – House prices are falling in the uS and the data is expected to reflect that

2. US Consumer Confidence (10:00 ET) Bullish USD – Potential upside surprise given rise in stocks and University of Michigan Index

3. US Fed Chair Powell Testimony (10:00 ET) No Trade – Biggest event of the day, tough call. Powell should be less hawkish but tariff extension could ease their concerns

4. NZ Trade Balance (14:45 ET) Bearish NZD – Potential downside surprise given weaker manufacturing PMI

Weekly Calendar Calls

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